The parents of a child have just come into a large inheritance and wish to establish...
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The parents of a child have just come into a large inheritance and wish to establish a trust fund for her college education. If they estimate that they will need $95,000 in 15 years, how much should they set aside in the trust now if they can invest the money at 2.8% per year compounded quarterly? The parents of a child have just come into a large inheritance and wish to establish a trust fund for her college education. If they estimate that they will need $95,000 in 15 years, how much should they set aside in the trust now if they can invest the money at 2.8% per year compounded quarterly?
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Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date:
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